28
Map
$2,000,000
↓ $500K (20%)
●
House -
For Sale
911 Seacoast Drive
Imperial Beach, CA 91932
Studio
0 Bath
4,000 Ft²
$9,821
Est. Monthly
About This Property
Value in Land: This is a fantastic opportunity for buyers or
investors to acquire a prime lot in the heart of Imperial Beach,
located just steps from the iconic pier on Seacoast Drive. The land
is perfectly situated for a variety of uses, including restaurants,
condos, small businesses, and more. Zoned as "C/MU-2" 1 unit per
1200 SqFt of lot. Currently, the property includes a shell shop
that is closing with this sale. While all inventory will be
removed, the building itself will remain. Additionally, there
is a small weathered shed and antenna on-site, which is currently
under an active lease Verizon contract. The lease provides a steady
monthly income of $2,800 and runs through May 31st, 2029. The buyer
must continue the lease. This is an incredible chance to
develop in one of the most desirable locations in Imperial Beach.
Don't miss out on this rare opportunity! Buyer & Buyers agent
to verify all property characteristics; MLS information deemed to
be reliable, but not guaranteed.
Unit Size
4,000 Ft²
Days on Market
278 days
Land Size
-
Price per sqft
$500
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-
Listed By
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Cap Rate Calculator
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Monthly Rental Income
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Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (SDMLS #2601165SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 6, 2026 | Price Decreased |
$2,000,000
↓ $500K
(20%) | |
| Price Decreased | |||
| Jan 15, 2026 | Listed by Team Metro | $2,500,000 | |
| Listed by Team Metro | |||
| Sep 16, 2025 | Price Decreased |
$2,800,000
↓ $400K
(12.5%) | |
| Price Decreased | |||
| Mar 4, 2025 | Listed | $3,200,000 | |
| Listed | |||
| | |||
|
Value in Land: This is a fantastic opportunity for buyers or investors to acquire a prime lot in the heart of Imperial Beach, located just steps from the iconic pier on Seacoast Drive. The land is perfectly situated for a variety of uses, including restaurants, condos, small businesses, and more. Zoned as "C/MU-2" 1 unit per 1200 SqFt of lot. Currently, the property includes a shell shop that is closing with this sale. While all inventory will be removed, the building itself will remain. Additionally, there is a small weathered shed and antenna on-site, which is currently under an active lease Verizon contract. The lease provides a steady monthly income of $2,800 and runs through May 31st, 2029. The buyer must continue the lease. This is an incredible chance to develop in one of the most desirable locations in Imperial Beach. Don't miss out on this rare opportunity! Buyer & Buyers agent to verify all property characteristics; MLS information deemed to be reliable, but not guaranteed.
| |||
Property Highlights
Garage
Parking Details
Has Garage
Attached Garage
Garage Spaces: 1
Interior Details
Laundry Features: None
Exterior Details
Square Footage: 4000
Square Footage Source: $0
Year Built: 1910
Levels: One
Construction Materials: Wood Siding
Pool Features: None
Utilities Details
Cooling Type: None
Heating Type: None, See Remarks
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Southern San Diego
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jamie Hopkins, Team Metro
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 2601165SD
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 2601165SD
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